China trimmed its holdings of U.S. Treasury debt $11.5B, or 1.3%, in February, the fourth...

|By:, SA News Editor

China trimmed its holdings of U.S. Treasury debt $11.5B, or 1.3%, in February, the fourth straight drop, raising concerns that the U.S. government could face higher interest rates to finance its budget deficits. At $877.5B, China remained the largest foreign holder of U.S. debt.